RONN Inc. (RONN)

[BefallenKnight]

RONN is part of the 99% that are scams. The patterns are all the same….release fluff PRs so the convertible debt crowd can dump shares, rinse and repeat along with more dilution, reverse split, tease uplisting, a CEO actively tweeting……I’d say RONN is even worse because clearly today’s PR fell flat and now Ron himself is tweeting in desperation.

Also, entering the hydrogen energy space (or any alternative energy sector) has incredibly difficult barriers of entry especially considering the venture is extremely cash intensive, of which RONN has none. The company has no proprietary technology nor does it have the capital to develop or acquire the resources needed to build hydrogen vehicles or fueling stations. If RONN had any of that the company wouldn’t be slumming on the OTC they would either be public on a big exchange or a private entity with VC money. No legitimate bank, venture capital firm or angel investor would, has or will ever give RONN money, therefore they use rando players like the Tobique to sell shares but make no mistake…..RONN is a share selling vehicle to enrich insiders. You can scalp here and there for a quick buck but holding this stock will not result in a worthless sequence of numbers in your portfolio.